I once went to see Kevin O’Leary at a Fireside Chat at Ryerson University’s Ted Rogers School of Management, just to experience him in a more intimate situation. He was as abrasive and blunt as he was on Dragon’s Den. He still said “it was all about the money” and it made me sad. Read what he says about business being war. I hate war and violence and we do not need more of that in our world.

Bombardier is eliminating 7,500 workers around the world, with roughly 2,000 positions being cut in Canada. But they’re hiring 3,700 in countries with lower costs. One expert says Canada’s struggle to be competitive in the international marketplace is one reason why.

Karl Moore, professor at the Desautels faculty of management at McGill University, said that Bombardier will have to “suffer some pain” here in Canada as it restructures in an attempt to return to profitability and competitiveness.

Citigroup has selected banking veteran Hany Naguib as the Canada sales head for its Treasury and Trade Solutions (TTS) business. In this newly created role, Naguib will lead sales efforts across the country, coordinating with counterparts in Citi’s other business lines. The TTS organization of Citi employs talents in Toronto, Montréal, and Calgary.